The Law of Comparative Advantage Says That a Person Should

question 91

Multiple Choice

The law of comparative advantage says that a person should produce a good if he or she:

• A)has the greatest desire to consume that good.
• B)has the lowest opportunity cost of producing that good.
• C)has an absolute advantage in a related activity.
• D)has a comparative advantage in a related activity.
• E)is equally good at producing this good as someone else is.

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